The answer is not simply the (constant dividend amount/rate of return)= 13.33

Fey Fashions expects the following dividend pattern over the next seven years: . The company will then have a constant dividend of $2.00 forever. What is the stock's price today if an investor wants to earn a. 15% ? b. 20% ? a. What is the stock's price today if an investor wants to earn 15% ? $ (Round to the nearest cent.) Data table (Click on the following icon